Soaring Technology Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 12:24 pm
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Soaring Technology Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 146.904 million compared to TWD 145.479 million a year ago. Net income was TWD 3.534 million compared to TWD 4.602 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 0.13 a year ago. For the nine months, sales was TWD 396.504 million compared to TWD 421.041 million a year ago. Net income was TWD 6.049 million compared to TWD 11.974 million a year ago. Basic earnings per share was TWD 0.17 compared to TWD 0.35 a year ago.
SOARING TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the electronic components related businesses. The Companyâs primary businesses include the design, manufacture and distribution of liquid crystal displays (LCDs), computers and peripherals equipment and components, electric vehicles and bicycles. The Companyâs principal products include multimedia audio and video systems, LCD monitors, point of sale (POS) devices, open frame LCD monitors, high brightness products and LCD racks, as well as the components of LCDs. The Company mainly distributes its products within domestic market and to overseas markets, including the United States of America (the USA), Europe and other regions.